Business

University of Cape Town (UCT)

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Introduction to Business Management Terminologies
  • Introduction to Business Management Terminologies

  • Summary • 14 pages • 2023
  • Introduction to Business Management Terminologies Business Plan - A document that sets out the business’s goals, objectives, ideas and details on how the business will operate Customers - People who buy the product Consumers - People who actually use the product Entrepreneurs - People who decide to set up their own business, they are the owners and operators of an organisation. They are risk takers who exploit business opportunities in return for profits. Intrapreneurship ...
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